Agriculture > products
small quantities of rye, wheat, barley, oats, vegetables; sheep |
|
Budget > Expenditures
|
$386,600,000.00 |
|
[153rd of 165]
|
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Definition: Economy > Budget > Expenditures |
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Source: CIA World Factbook, 28 July 2005 |
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Budget > Revenues
|
$333,500,000.00 |
|
[151st of 166]
|
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Definition: Economy > Budget > Revenues |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Central bank
Institut Nacional Andorra de Finances |
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Definition: Economy > Central bank |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
Tourism, the mainstay of Andorra's tiny, well-to-do economy, accounts for more than 80% of GDP. An estimated 11.6 million tourists visit annually, attracted by Andorra's duty-free status and by its summer and winter resorts. Andorra's comparative advantage has recently eroded as the economies of neighboring France and Spain have been opened up, providing broader availability of goods and lower tariffs. The banking sector, with its partial "tax haven" status, also contributes substantially to the economy. Agricultural production is limited - only 2% of the land is arable - and most food has to be imported. The principal livestock activity is sheep raising. Manufacturing output consists mainly of cigarettes, cigars, and furniture. Andorra is a member of the EU Customs Union and is treated as an EU member for trade in manufactured goods (no tariffs) and as a non-EU member for agricultural products. |
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Definition: Economy > Economy > Overview |
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Source: CoinsManiaPortal Thanks to John Baibakis |
Exchange rates
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000) |
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Definition: Economy > Exchange rates |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Exports
|
$148,700,000.00 |
|
[160th of 189]
|
|
Definition: Economy > Exports |
|
Source: CIA World Factbook, 28 July 2005 |
Exports > Commodities
tobacco products, furniture |
|
Definition: Economy > Exports > Commodities |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Exports to US
|
$0.00 |
|
[217th of 224]
|
|
Definition: Economy > Exports to US |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
GDP
|
$1,300,000,000.00 |
|
[151st of 203]
|
|
Definition: Economy > GDP |
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Source: US Census Bureau |
|
GDP (purchasing power parity)
|
$2,770,000,000.00 |
|
[168th of 187]
|
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Definition: Economy > GDP (purchasing power parity) |
|
Source: World Development Indicators database and CIA World Factbook |
|
GDP > Real growth rate
|
3.5% |
|
[126th of 198]
|
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Definition: Economy > GDP > Real growth rate |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Imports
|
$1,879,000,000.00 |
|
[129th of 185]
|
|
Definition: Economy > Imports |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Inflation rate (consumer prices)
|
3.2% |
|
[109th of 192]
|
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Definition: Economy > Inflation rate (consumer prices) |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
International tourism, number of arrivals
|
2,418,000
|
|
[48th of 190]
|
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Definition: Economy > International tourism, number of arrivals |
|
Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
|
Tourist arrivals by region of origin > Europe
|
2,418,409 |
|
[30th of 195]
|
|
Definition: Economy > Tourist arrivals by region of origin > Europe |
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Source: World Development Indicators database |
|
Trade balance with US
|
$2,300,000.00 |
|
[76th of 224]
|
|
Definition: Economy > Trade balance with US |
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Source: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization |
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World Trade > Exports > Passenger cars etc
|
17,503 |
|
[49th of 110]
|
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Definition: Economy > World Trade > Exports > Passenger cars etc |
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Source: US Census Bureau |
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World Trade > Imports > Mech transmission equipment
|
110 |
|
[133rd of 137]
|
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Definition: Economy > World Trade > Imports > Mech transmission equipment |
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Source: International Trade Centre UNCTAD/WTO |
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World Trade > Imports > Special transactions nes
|
1,913 |
|
[75th of 118]
|
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Definition: Economy > World Trade > Imports > Special transactions nes |
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Source: International Trade Centre UNCTAD/WTO |
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